Best Buy Tops Estimates, Sees Consumer Electronics Demand Improving Next Year
Best Buy surpasses earnings and revenue estimates for the second quarter and anticipates an improvement in consumer electronics demand in the following year.
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Posted 8/28/2023, 8:48:00 PM
barrons.com
Relevant topic timeline:
Best Buy surpassed sales expectations for Q2 but expects a lull in tech demand for the rest of the year due to post-pandemic spending patterns and inflation, while anticipating stabilization and growth in the consumer electronics industry next year.
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